Swire and Nominees ( Bell) have more than 90% of the shareholding of SST. Why not buy out the minority shareholders. It would reduce operating costs and make for a 'cleaner ' business.
There some big projects in PNG both mining, oil and gas. SST have a piece of that action . SST don't seem to have business from the huge gold/ copper mine in New Guinea ( Indonesia)- there must be some opportunities for shipping and related business from this operation.
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Last
$14.69 |
Change
-0.300(2.00%) |
Mkt cap ! $455.5M | |||
| Open | High | Low | Value | Volume |
| $14.69 | $14.69 | $14.69 | $15 | 1 |
| SST (ASX) Chart |